Dropsuite (ASX:DSE) recently reported that it is well-positioned to generate considerable annual recurring revenue growth.

The company disclosed its quarterly monthly average revenue per user (ARPU) to be A$2.57, indicating a 9% rise quarter-over-quarter, and a 17% growth from the previous corresponding period.

Furthermore, Dropsuite’s (ASX:DSE) latest data shows a quarterly annual recurring revenue of A$33.4M, a robust increase of 10% from the last quarter.

Dropsuite is a global cloud software platform that provides businesses with insights and control over their data.